iShares MSCI Global Energy Producers ETF (NYSEARCA:FILL) Trading 0.7% Higher – Should You Buy?

Shares of iShares MSCI Global Energy Producers ETF (NYSEARCA:FILL) shot up 0.7% during mid-day trading on Tuesday . The company traded as high as $24.24 and last traded at $24.15. 4,590 shares were traded during mid-day trading, a decline of 71% from the average session volume of 15,774 shares. The stock had previously closed at $23.98.

iShares MSCI Global Energy Producers ETF Stock Up 0.7 %

The stock has a market cap of $94.19 million, a P/E ratio of 6.89 and a beta of 0.45. The stock has a fifty day simple moving average of $23.59 and a 200-day simple moving average of $24.60.

Hedge Funds Weigh In On iShares MSCI Global Energy Producers ETF

An institutional investor recently raised its position in iShares MSCI Global Energy Producers ETF stock. Tidemark LLC boosted its holdings in iShares MSCI Global Energy Producers ETF (NYSEARCA:FILL) by 28.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,862 shares of the company’s stock after purchasing an additional 1,077 shares during the period. Tidemark LLC owned about 0.12% of iShares MSCI Global Energy Producers ETF worth $111,000 as of its most recent filing with the Securities and Exchange Commission.

iShares MSCI Global Energy Producers ETF Company Profile

The iShares MSCI Global Energy Producers ETF (FILL) is an exchange-traded fund that mostly invests in energy equity. The fund tracks an index of companies in developed and emerging markets that are primarily engaged in the business of energy exploration and production. FILL was launched on Jan 31, 2012 and is managed by BlackRock.